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Orange with AFP, published on Thursday, November 29, 2018 at 9:53
Social security contributions amount to 16.4% of GDP, a rate well above the EU average.
In the midst of "yellow jackets" against the cost of living, Eurostat published its report on European taxation in 2017 on Wednesday (November 28th). And in this area, France comes first in Europe.
"The ratio of tax revenues to GDP varies significantly from one Member State to another, with the largest share of taxes and social contributions as a percentage of GDP in 2017 having been recorded in France (48.4%)", indicates the statistical research body of the European Union. Belgium and Denmark are second and third on the podium with 47.3% and 46.5% of GDP, respectively. It is in Ireland that taxes and social contributions are the lowest with only 23.5% of GDP.
Social co-benefits well above average
Total receipts from taxes and social security contributions in France have been steadily increasing since 2002. They accounted for 44.1% of GDP in 2002 and 47.7% in 2016. Between 2016 and 2017, they increased by 0.7%.
In detail, the share of social contributions is well above the European average with 18.8% against only 13.3% on average. In this area, France is largely ahead of its European partners. Taxes on production and imports are also well above average at 16.4% of GDP compared with an average of 13.6 in the rest of the European Union. Regarding income tax, the country falls below the EU average with 12.8% of GDP against 13.1%.
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